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Aster Breaks Away From Market Gloom as Smart Money Piles In
Yahoo Financeยท 2025-09-24 08:30
Core Insights - ASTER, the native coin of the Binance-backed decentralized exchange Aster, has gained 20% in the past 24 hours despite overall market sell-side pressure, indicating strong demand from investors [1] - The Smart Money Index (SMI) for ASTER has shown a steady increase since its launch on September 17, suggesting strong backing from key holders [2][3] - The Elder-Ray Index for ASTER is currently at 0.53, indicating more buying pressure than selling, which supports the bullish outlook for the altcoin [4][5] Market Analysis - ASTER is currently trading at $2.2011, just below a resistance level of $2.2194, with potential for breaking this barrier to reach new all-time highs [6] - If profit-taking occurs, there is a risk of the price falling towards $1.8601, which could invalidate the current bullish sentiment [7]